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The market expects Dominion Energy (D - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 31. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis energy company is expected to post quarterly earnings of $0.78 per share in its upcoming report, which represents a year-over-year change of +4%.

Revenues are expected to be $4.06 billion, up 6.6% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.03% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Dominion Energy?For Dominion Energy, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -7.69%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that Dominion Energy will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Dominion Energy would post earnings of $0.89 per share when it actually produced earnings of $0.95, delivering a surprise of +6.74%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Dominion Energy doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Expected Results of an Industry PlayerEdison International (EIX - Free Report) , another stock in the Zacks Utility - Electric Power industry, is expected to report earnings per share of $1.02 for the quarter ended June 2026. This estimate points to a year-over-year change of +5.2%. Revenues for the quarter are expected to be $4.72 billion, up 3.9% from the year-ago quarter.

The consensus EPS estimate for Edison International has been revised 6.7% lower over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +4.66%.

This Earnings ESP, combined with its Zacks Rank #2 (Buy), suggests that Edison International will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.

Dominion Energy Inc (NYSE:D)Spire Inc (NYSE:SR)Northwest Natural Holding Co (NYSE:NWN)Photo via Shutterstock

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NextEra Energy and Dominion Energy file applications seeking regulatory approval of their proposed combination Customers in Virginia, North Carolina and South Carolina would receive $2.25 billion in shareholder-funded bill credits, and the companies have committed that merger-related costs will not be passed on to customers The combination brings together Dominion Energy's local leadership, experienced workforce and community knowledge with NextEra Energy's added financial strength, supply chain expertise and infrastructure development capabilities The combined company would bring an all-of-the-above energy platform, including renewables, battery storage, nuclear and natural gas, with industry-leading capabilities Dominion Energy's operating companies will remain locally led and separately regulated, with meaningful job protections; the combined company would maintain dual corporate headquarters in Richmond, Virginia, and Juno Beach, Florida, and an operational headquarters in Cayce, South Carolina The combination positions Virginia, North Carolina and South Carolina to meet unprecedented power demand, support jobs and economic development, and keep customer bills affordable The transaction is expected to close in the second half of 2027 , /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) and Dominion Energy, Inc. (NYSE: D) today filed applications seeking regulatory approval of their proposed combination with the Virginia State Corporation Commission, the North Carolina Utilities Commission, the Public Service Commission of South Carolina, the Federal Energy Regulatory Commission and the Nuclear Regulatory Commission.

America is entering an era of rapidly growing electricity demand that will require substantial investment in generation, transmission, distribution and grid resilience. The proposed combination is designed to preserve Dominion Energy's local strengths with NextEra Energy's added resources, balance sheet strength, supply chain expertise, construction experience and operating capabilities to help meet that demand reliably and affordably over the long term. The combined company would serve approximately 10 million customer accounts across four of the nation's fastest-growing states and be better positioned to buy, build, finance and operate the energy infrastructure customers need more efficiently.

The larger platform is intended to complement, not replace, Dominion Energy's local operating model. Dominion Energy's operating companies would remain locally led, separately regulated and accountable to their state commissions, while their teams gain access to additional technology, capital and proven practices. That includes a proven track record at Florida Power & Light Company (FPL) with more than 20 years of reliably and affordably meeting growth in one of the fastest-growing states in America, with a reliability performance of more than 60% better than the national average and a typical residential bill approximately 30% below the national average.

A word from John Ketchum, chairman, president and CEO of NextEra Energy:
"This combination is about putting scale and a stronger, more comprehensive platform behind Dominion Energy's local teams so they can meet growing power demand while keeping bills affordable and service reliable. We're bringing together two industry-leading teams with complementary strengths and expertise. Dominion Energy brings deep local knowledge, experienced employees and a strong operating record. NextEra Energy brings additional scale, an industry-leading operating platform, financial strength, supply chain expertise and operating efficiencies we have built through FPL and NextEra Energy Resources. Together, we will be better positioned to partner with states and communities to attract new investment, support new jobs and invest in the all-of-the-above energy infrastructure customers need, including renewables, battery storage, nuclear and gas-fired generation. Customers would experience immediate value through $2.25 billion in shareholder-funded bill credits and long-term value through a stronger company that can buy, build, finance and operate energy infrastructure projects more efficiently, which will result in long-term customer benefits."

A word from Robert Blue, chair, president and CEO of Dominion Energy:
"This is a combination centered on customers, communities and employees. It preserves the Dominion Energy utilities our customers know — the same local leaders, employees, regulatory oversight and commitment to an all-of-the-above energy mix — while adding capabilities that can help us build needed infrastructure more efficiently and keep bills affordable. Our employees and communities can be confident that we will remain a strong local employer, a constructive economic development partner and a reliable provider of the energy that powers homes, businesses and new investments."

Delivering real value to customers, communities and employees

Immediate bill relief and customer protections: Dominion Energy customers in Virginia, North Carolina and South Carolina would receive $2.25 billion in bill credits over the first two years after closing, funded by shareholders and not recoverable from customers. Customers also would be held harmless from any and all transaction, transition, acquisition-premium, financing and restructuring costs associated with the combination. Long-term affordability and reliability: The benefits extend beyond the initial credits. The combined company's greater purchasing power, broader supply chain visibility, increased access to capital, project execution capabilities and larger operating platform are expected to help meet growing power demand affordably while maintaining service quality and reliability. An all-of-the-above energy platform: Through its regulated utilities and subsidiaries, the combined company would own or operate more than 110 gigawatts of electric generating resources across renewables, battery storage, nuclear and natural gas. The combination would pair Dominion Energy's local operating expertise and generation portfolio with NextEra Energy's industry-leading solar and battery storage capabilities, as well as deep experience in nuclear, natural gas, transmission and grid modernization. Customer service and storm response: The combination would provide access to a larger regulated utility platform, drawing on best practices across FPL and Dominion Energy's operating companies in customer service, storm restoration, grid modernization, workforce tools, data analytics, artificial intelligence and process improvement. Locally led, locally staffed and fully accountable: Dominion Energy's operating companies will remain separately regulated and locally led. The combined company will maintain dual corporate headquarters in Richmond, Virginia, and Juno Beach, Florida, and an operational headquarters in Cayce, South Carolina. State regulators would continue to oversee rates, service, resource planning and major investments. Dominion Energy employees would receive 18 months of job protection after closing; non-union employees would receive two years of current compensation and comparable benefits. Collective bargaining agreements would continue according to their terms. A partner in economic and community development: Reliable, affordable energy is foundational to economic development. The combined company intends to partner with state and local leaders to support existing employers, attract new businesses, and encourage additional investment from suppliers, contractors and service providers. It also would increase Dominion Energy's historical shareholder-funded charitable giving by $10 million annually for five years across Virginia, North Carolina and South Carolina. Transaction review process
The transaction has been unanimously approved by the boards of directors of both companies. The transaction is expected to close in the second half of 2027, subject to customary closing conditions and approvals by the shareholders of NextEra Energy and Dominion Energy, state regulatory review and approval from the Virginia State Corporation Commission, the North Carolina Utilities Commission and the Public Service Commission of South Carolina, the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, approval by the Federal Energy Regulatory Commission under Section 203 of the Federal Power Act and approval by the Nuclear Regulatory Commission.

More information about the proposed combination is available at www.DominionNextEraFuture.com. Applications will be posted as they are filed.   

About NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE: NEE) is the largest electric power and energy infrastructure company in North America, the world's leader in renewables and storage and a leading provider of electricity to American homes and businesses. Headquartered in Juno Beach, Florida, NextEra Energy is a Fortune 200 company that owns Florida Power & Light Company, America's largest electric utility, which provides reliable electricity to approximately 12 million people across Florida. NextEra Energy also owns the largest energy infrastructure development company in the U.S., NextEra Energy Resources, LLC. NextEra Energy and its affiliated entities are meeting America's growing energy needs with a diverse mix of energy sources, including renewables, battery storage, nuclear and natural gas. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com.

About Dominion Energy
Dominion Energy (NYSE: D), headquartered in Richmond, Va., provides regulated electricity service to 3.6 million homes and businesses in Virginia, North Carolina and South Carolina, and regulated natural gas service to 500,000 customers in South Carolina. The company is one of the nation's leading developers and operators of regulated offshore wind and solar power and the largest producer of carbon-free electricity in New England. The company's mission is to provide the reliable, affordable and increasingly clean energy that powers its customers every day. Please visit DominionEnergy.com to learn more.

Forward-Looking Statements
This communication includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included or incorporated by reference in this communication, including, among other things, statements regarding the proposed business combination transaction between NextEra Energy, Inc., a Florida Corporation ("NextEra Energy"), and Dominion Energy, Inc., a Virginia Corporation ("Dominion Energy"), and future events, plans and anticipated results of operations, business strategies, the anticipated benefits of the proposed transactions, the anticipated impact of the proposed transactions on the combined company's business and future financial and operating results, the anticipated closing date for the proposed transactions and other aspects of NextEra Energy's or Dominion Energy's operations or operating results are forward-looking statements. Words and phrases such as "ambition," "anticipate," "estimate," "believe," "budget," "continue," "could," "intend," "may," "plan," "potential," "predict," "seek," "should," "will," "would," "expect," "objective," "projection," "forecast," "goal," "guidance," "outlook," "effort," "target," the negative of such terms or other variations thereof and words and terms of similar substance used in connection with any discussion of future plans, actions or events can be used to identify forward-looking statements. Where, in any forward-looking statement, NextEra Energy or Dominion Energy expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. Any forward-looking statement is not a guarantee of future performance, outcomes or results and is subject to numerous risks, uncertainties and other factors, many of which are beyond NextEra Energy's or Dominion Energy's control, that could cause actual performance, outcomes or results to differ materially from what is expressed or implied in the forward-looking statement.

These factors include a failure by NextEra Energy to successfully integrate Dominion Energy's businesses and technologies, which may result in the combined company not operating as effectively and efficiently as expected; the risk that the expected benefits of the proposed transactions may not be fully realized or may take longer to realize than expected; each party's ability to obtain the approval of its shareholders required to consummate the proposed transactions and the timing of the closing of the proposed transactions, including the risk that the conditions to closing are not satisfied on a timely basis or at all or the failure of the transactions to close for any other reason or to close on the anticipated terms, including with the anticipated tax treatment; the risk that any governmental or regulatory approval, consent or authorization that may be required for the proposed transactions is not obtained, is delayed or is obtained subject to conditions that are not anticipated or that cause the termination of the merger agreement and abandonment of the transactions; the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement by either party; the risk that certain provisions in the merger agreement or the pendency of the transactions may impact either party's ability to pursue certain business opportunities or strategic transactions; unanticipated difficulties, liabilities or expenditures relating to the transactions, including the impact of potential litigation relating to the transactions; the effect of the announcement, pendency or completion of the proposed transactions on the parties' business relationships and business operations generally, including the parties' relationship with regulators, suppliers, vendors and customers; the effect of the announcement or pendency of the proposed transactions on the parties' common stock prices and uncertainty as to the long-term value of either party's common stock; risks that the proposed transactions disrupt either party's current plans and operations, including due to the diversion of the attention of management from ordinary course business operations, and potential difficulties in hiring or retaining employees as a result of the proposed transactions; any rating agency actions; and the impact of the announcement or pendency of the proposed transactions on either party's ability to access capital, including the short- and long-term debt markets, on a timely and affordable basis; general worldwide economic conditions and related uncertainties; the effect and timing of changes in laws or in governmental regulations (including environmental); fluctuations in trading prices of securities of NextEra Energy and in the financial results of NextEra Energy or Dominion Energy; and the timing and extent of changes in interest rates, commodity prices and demand and market prices for electricity or gas. The preliminary joint proxy statement/prospectus included in the registration statement on Form S-4 (Registration No. 333-297351) filed by NextEra Energy with the Securities and Exchange Commission (the "SEC") on July 9, 2026 (available at https://www.sec.gov/Archives/edgar/data/753308/000110465926082301/tm2614888-13_s4.htm) ("Registration Statement"), describes additional risks relating to the proposed transactions and combined company. While the list of factors presented here and the list of factors presented in the Registration Statement are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. For additional information about other factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer to NextEra Energy's and Dominion Energy's respective periodic reports and other filings with the SEC, including the risk factors contained in NextEra Energy's and Dominion Energy's most recently filed Annual Reports on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q.

Any forward-looking statements included in this communication represent current expectations and are inherently uncertain and are made only as of the date hereof (or, if applicable, the dates indicated in such statement). Except as required by law, neither NextEra Energy nor Dominion Energy undertakes or assumes any obligation to update any forward-looking statements, whether as a result of new information or to reflect subsequent events or circumstances or otherwise.

No Offer or Solicitation
This communication is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Additional Information about the Transactions and Where to Find It
In connection with the proposed transactions, NextEra Energy filed with the SEC the Registration Statement, which includes a preliminary joint proxy statement of NextEra Energy and Dominion Energy that also constitutes a preliminary prospectus of NextEra Energy. Each of NextEra Energy and Dominion Energy intends to file with the SEC a definitive joint proxy statement/prospectus. Each of NextEra Energy and Dominion Energy may also file other relevant documents with the SEC regarding the proposed transactions. This communication is not a substitute for the Registration Statement or the definitive joint proxy statement/prospectus or any other document that NextEra Energy or Dominion Energy may file with the SEC. The definitive joint proxy statement/prospectus (if and when available) will be mailed to shareholders of NextEra Energy and Dominion Energy. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT, DEFINITIVE JOINT PROXY STATEMENT/PROSPECTUS, AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT NEXTERA ENERGY, DOMINION ENERGY, THE PROPOSED TRANSACTIONS AND RELATED MATTERS.

Investors and security holders are or will be able to obtain free copies of the Registration Statement, including the preliminary joint proxy statement/prospectus, and the definitive joint proxy statement/prospectus (if and when available) and other documents containing important information about NextEra Energy, Dominion Energy and the proposed transactions, once such documents are filed with the SEC through the website maintained by the SEC at www.sec.gov. Copies of the documents filed with the SEC by NextEra Energy are available free of charge on NextEra Energy's website at http://www.investor.nexteraenergy.com/ or by contacting NextEra Energy's Investor Relations Department by email at [email protected] or by phone at (800) 222-4511. Copies of the documents filed with the SEC by Dominion Energy are available free of charge on Dominion Energy's website at http://investors.dominionenergy.com or by contacting Dominion Energy's Investor Relations Department by email at [email protected] or by phone at (804) 819-2438.

Participants in the Solicitation
NextEra Energy, Dominion Energy and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed transactions. Information about the directors and executive officers of NextEra Energy, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in (i) NextEra Energy's proxy statement for its 2026 annual meeting of shareholders, which was filed with the SEC on April 1, 2026, including under the headings "Proposal 1: Election as directors of the nominees specified in this proxy statement," "Director Compensation," "Executive Compensation," and "Common Stock Ownership of Certain Beneficial Owners and Management" (ii) NextEra Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, which was filed with the SEC on February 13, 2026, including under the heading "Item 1. Business—Information About Our Executive Officers" and (iii) to the extent certain holdings of NextEra Energy securities by its directors or executive officers have changed since the amounts set forth in NextEra Energy's proxy statement for its 2026 annual meeting of shareholders, such changes have been or will be reflected on Initial Statement of Beneficial Ownership of Securities on Form 3, Statement of Changes in Beneficial Ownership on Form 4, or Annual Statement of Changes in Beneficial Ownership of Securities on Form 5, filed with the SEC.

Information about the directors and executive officers of Dominion Energy, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in (i) Dominion Energy's proxy statement for its 2026 annual meeting of shareholders, which was filed with the SEC on March 19, 2026, including under the headings "Item 1: Election of Directors – Director Nominees," "Compensation of Non-Employee Directors," "Executive Compensation" and "Security Ownership of Certain Beneficial Owners and Management," (ii) Dominion Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, which was filed with the SEC on February 23, 2026, including under the heading "Information about our Executive Officers," and (iii) to the extent certain holdings of Dominion Energy securities by its directors or executive officers have changed since the amounts set forth in Dominion Energy's proxy statement for its 2026 annual meeting of shareholders, such changes have been or will be reflected on Initial Statement of Beneficial Ownership of Securities on Form 3, Statement of Changes in Beneficial Ownership on Form 4 or Annual Statement of Changes in Beneficial Ownership of Securities on Form 5, filed with the SEC.

Other information regarding the participants in the proxy solicitations and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the definitive joint proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the proposed transactions when such materials become available. Investors should read the definitive joint proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. Copies of the documents filed with the SEC by NextEra Energy and Dominion Energy are available free of charge through the website maintained by the SEC at www.sec.gov. Additionally, copies of documents filed with the SEC by NextEra Energy and Dominion Energy are available free of charge through the sources indicated above.

SOURCE NextEra Energy, Inc.; Dominion Energy

RICHMOND, Va.--(BUSINESS WIRE)--Dominion Energy (NYSE: D) will host its second-quarter 2026 earnings call at 11 a.m. ET on Friday, July 31, 2026. Management will discuss matters of interest to financial and other stakeholders including recent financial results. A live webcast of the conference call, including accompanying slides and other financial information, will be available on the investor information pages at investors.dominionenergy.com. For individuals who prefer to join via telephone,.

In the latest trading session, Dominion Energy (D - Free Report) closed at $68.29, marking a -1.29% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.79%. Elsewhere, the Dow gained 0.26%, while the tech-heavy Nasdaq added 1.52%.

The energy company's shares have seen an increase of 7.07% over the last month, surpassing the Utilities sector's gain of 2.96% and the S&P 500's loss of 1.82%.

The investment community will be paying close attention to the earnings performance of Dominion Energy in its upcoming release. The company is expected to report EPS of $0.78, up 4% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $3.91 billion, indicating a 2.5% growth compared to the corresponding quarter of the prior year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.59 per share and revenue of $17.73 billion. These totals would mark changes of +4.97% and +7.39%, respectively, from last year.

Investors should also pay attention to any latest changes in analyst estimates for Dominion Energy. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Dominion Energy presently features a Zacks Rank of #3 (Hold).

Looking at its valuation, Dominion Energy is holding a Forward P/E ratio of 19.25. This expresses a premium compared to the average Forward P/E of 18.44 of its industry.

The Utility - Electric Power industry is part of the Utilities sector. Currently, this industry holds a Zacks Industry Rank of 80, positioning it in the top 33% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

Committee member of the Senate Armed Services Committee, U.S. Senator Angus S. King Jr. (I-ME), attends a Senate Armed Services Committee hearing on U.S. President Donald Trump's FY2027 budget... Purchase Licensing Rights, opens new tab Read more

CompaniesNEW YORK, June 29 (Reuters) - U.S. Senator Angus King is urging the country's top energy regulator to reject NextEra Energy's (NEE.N), opens new tab ​proposed $66.8 billion acquisition of Dominion Energy (D.N), opens new tab, saying the deal would consolidate ‌too much power in the hands of one company, a filing on Monday showed.

The country has seen a spate of giant power mergers in recent ​years with the rise of electricity demand after a ​roughly two-decade-long lull, driven by the expansion of energy-intensive ⁠data centers and the electrification of industries like transportation.

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Last month, ​NextEra announced its plan to buy Dominion to create the world's largest ​regulated electric utility, in what would be one of the all-time biggest mergers of its kind. Virginia-based Dominion serves the largest concentration of data ​centers globally.

In a letter to the Federal Energy Regulatory Commission, ​King, from Maine, said the massive utility formed by the consolidation would ‌deter ⁠competition in a territory that would affect more than 10 million people.

"A single firm with that mix of merchant generation, regulated generation, transmission, and load-pocket exposure has powerful incentives and tools ​to shape regional ​markets in its ⁠favor," King said, citing the 110 gigawatts of electric-generating capacity between the two companies, the ​most natural gas-fired power and second-largest nuclear operations ​in the ⁠country.

King said NextEra has already stymied clean energy power competition through lobbying efforts in New England. He cited other business conduct ⁠concerns by ​the company that he said could ​ultimately raise prices for consumers.

NextEra was not immediately available for comment.

Reporting by Laila ​Kearney in New York; Editing by Liz Hampton and David Gaffen

Our Standards: The Thomson Reuters Trust Principles., opens new tab

The U.S. nuclear industry just received an injection of nuclear fuel from the federal government. On Tuesday, the Department of Energy (DoE) announced it was providing loans to help finance five nuclear projects in the country. While the announcement was short on details, it was unquestionably a boon for both the nuclear industry and the broader utilities space. Let’s dig in.

A new push from the FedsThe DoE’s press release stated that the program centers on one particular company and reactor — Westinghouse and its AP1000. Westinghouse is a joint venture between nuclear fuel specialist Cameco (CCJ 2.07%) and Brookfield Renewable Partners (BEP 0.34%).

Image source: Getty Images.

This stands to reason, as the DoE pointed out that the AP1000 is the sole large-scale advanced commercial reactor licensed for use and currently operating in the country.

The specific goal is to shorten the manufacturing and delivery times for the many sophisticated, specialized components used to build reactors. At the moment, there’s a global bottleneck in the supply chain for such goods; the DoE’s initiative aims to help resolve it with cold, hard government cash.

Under the program, Westinghouse is to partner with up to five utilities and/or energy companies to effect this. Each of the five loans will support two reactors at a project site. Westinghouse will act as something of a coordinator for the project, procuring the needed goods at fixed prices.

Once completed, the projects will be jointly owned by Westinghouse and its partner. Both entities in each undertaking are required to fully commit $500 million in project equity apiece.

Westinghouse has apparently already selected its partners, as the DoE said the company signed letters of intent with seven of them (with up to five, again, ultimately being approved by the Department). Neither it nor the government has identified any of these companies, so we don’t yet have a fix on who they might be.

We can, however, make some educated guesses on who might be up for a bit of work on the program, and who might end up operating the new reactors.

Stocks going nuclearThe company that leaps immediately to my mind is Cameco, as it’s already deeply involved with Westinghouse, owning a 49% stake in the company. Even if it didn’t own a single dollar of its equity, Cameco is a major uranium miner and key supplier of the fuel, which will be needed to power those 10 planned reactors.

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Another prime candidate is GE Vernova, which has done well in the current nuclear boom — a cornerstone of the government’s energy policy, by the way — in an era when the heavy energy resource needs of artificial intelligence (AI) technology require build-outs of large, reliable power solutions. This company has been doing brisk business in steam turbines and generators for the nuclear industry, and as a go-to manufacturer, it’s nearly a lock to be chosen for the initiative.

Southern (SO +0.90%) is also a juicy candidate, as it operates the only two AP1000s currently producing energy in this country. Given that experience, plus the fact that it holds an operational blueprint for this highly complex reactor, it could theoretically construct and implement a new build relatively quickly.

Dominion Energy (D +1.18%) and Constellation Energy (CEG 0.91%) are two major energy producers in the U.S., and to me, they look like fine candidates to operate reactors. The former operates in the Washington, D.C., area “data center alley,” so-called because the region has the highest concentration of hyperscale data centers on this planet.

As for Constellation, simply by virtue of the fact that it currently operates the largest nuclear fleet in America, it should be top of the candidate list for the project’s reactors. It’s also got plenty of large-scale clients, as it recently inked a long-term energy supply deal to feed a key Walmart (WMT 0.33%) warehouse in Illinois.

The boat-lifting tide keeps risingAll in all, though, this deal is unquestionably beneficial for the nuclear industry and the energy and utility companies that have embraced nuclear assets. They are the backbone of this determined, top-down push into this classic but still next-generation form of energy generation, and I don’t think that momentum will slow even when, and if, the political winds shift in this country.

NextEra Energy (NEE +0.88%) is the world's largest utility, with a market cap of $180 billion. It is getting even bigger, now that it has agreed to merge with Dominion Energy (D +1.96%), which has a market cap of nearly $60 billion. The company is basically leaning into what is expected to be a multi-decade period of elevated electricity demand. Here's what you should do.

The outline of the NextEra/Dominion merger While billed as a merger, it is really a larger NextEra buying smaller Dominion Energy. After the massive utility transaction is complete, NextEra shareholders will own roughly 75% of the combined entity, with former Dominion shareholders owning the rest. NextEra Energy's CEO, John Ketchum, will remain in that role. Dominion's CEO, Robert Blue, will oversee the company's regulated utility operations.

Image source: Getty Images.

Shareholders of Dominion will receive 0.8138 shares of NextEra Energy for every share of Dominion Energy they own. There will also be a one-time cash payment of $360 million, which will be "distributed equally across all outstanding Dominion Energy shares." Notably, NextEra's dividend and dividend policy will not change, which should please income investors who own the stock.

The combined entity is expected to have an enterprise value of $420 billion and a combined market cap of around $250 billion. Already the largest utility in the world, NextEra Energy is extending its lead as it reaches more aggressively beyond the state of Florida. It will now have regulated utility businesses in Virginia, North Carolina, and South Carolina. The acquisition will also add Dominion Energy's contract power operations to NextEra Energy's large, clean-energy-focused NextEra Energy Resources business.

The logic behind the deal is pretty simple. Between 2005 and 2025, electricity demand increased by 10%. Between 2025 and 2045, demand is projected to increase 60%. That's a step change in electricity demand, driven by power-hungry data centers, artificial intelligence, and electric vehicles, among other factors. From a high-level view, investors on both sides of the transaction should probably be pleased with the deal.

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The merger will take some time to get approved NextEra Energy believes it will take 12 to 18 months for the merger to get all of the approvals it needs. Every state the two companies serve will have a say, along with Federal regulators. Given the size of NextEra Energy's business, there is a risk that the merger may not receive the regulatory approvals it needs. However, it seems more likely that regulators would just make aggressive demands as they look to protect customers in their states. That's not surprising.

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Following the merger announcement, Dominion stock jumped about 10%, while NextEra Energy's stock fell slightly. That's completely normal and shouldn't be a long-term issue for investors, noting that NextEra Energy's growth rate is expected to increase slightly following the close of the deal. Its regulated operations will also increase from 70% of the business to 80%, thereby making the company's growth more reliable. And the addition of three new states in the mix helps diversification, noting that one of those states (Virginia) is an important global data center market.

Investors should probably hold tight When you add up all the benefits, most investors should probably continue to hold their Dominion and/or NextEra shares and simply wait for the merger process to play out. You could book a quick profit in Dominion, given the modest stock boost from the deal, but you'd be giving up what is likely to be years of growth ahead from the combined company. NextEra Energy investors, meanwhile, have no obvious reason to sell unless faster growth and a more diversified business are somehow upsetting to them.

If you feel like you've got whiplash from watching the news around the geopolitical conflict in the Middle East, you aren't alone. News flow out of the region seems to change direction quickly, and so do energy prices. It is hard to know what will happen next in a market so emotionally driven.

If you are considering investing in the energy sector, you may want to broaden your scope beyond oil drillers. One option is to stay close to the energy sector with high-yield Enterprise Products Partners (EPD +0.19%), a business that isn't really driven by commodity prices. Or, you could look to the future of energy with a reliable dividend-paying utility like NextEra Energy (NEE +0.88%). Here's why each one could be a no-brainer buy right now.

Image source: Getty Images.

Enterprise sidesteps commodity risk Enterprise Products Partners resides squarely in the oil and natural gas industry, helping to move these vital fuels around the world. It charges fees for the use of its energy infrastructure assets, including pipelines, storage, and transportation. It is one of the largest midstream businesses in North America, a region that has the added benefit of being nowhere near the Middle East. The volume of energy moving through Enterprises' system is more important than its price.

In the first quarter of 2026, Enterprise saw record volumes across its business, from processing to storage. Simply put, the master limited partnership (MLP) is doing well right now, but not because of high oil prices. Moreover, the big story with Enterprise is really its lofty 5.5% distribution yield. It's a boring income stock you can count on to keep paying year after year.

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The real benefit for long-term investors, however, is that the distribution keeps being increased. For 27 years, basically since Enterprise went public, it has increased its distribution. Adding to the safety of the distribution is an investment-grade-rated balance sheet and a distribution that is covered 1.7x by distributable cash flow. If you can't stand the volatility of the energy sector today, Enterprise could be a smart, though boring, high-yield solution.

NextEra Energy takes you in a different direction NextEra Energy isn't involved in the oil and natural gas sector. It is one of the largest regulated utilities in the United States and also operates one of the largest solar- and wind-based contract power businesses in the world. It has just agreed to buy competitor Dominion Energy (D +1.96%), further increasing its scale and extending its geographic reach to include one of the largest data center markets in the world.

The key to the investment call here is that oil and natural gas are important, and will remain so for decades. But electricity is ascendant, with NextEra projecting that demand will grow by 60% between 2025 and 2045. That's a step change from the 10% growth between 2005 and 2025. It is preparing for that growth by expanding its scale, and you can go along for the ride.

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Along the way, you can collect an attractive 2.8% yield backed by a dividend that has been increased annually for more than 25 years. And the deal is expected to improve NextEra's financial position while also being immediately accretive to earnings. Already the world's largest utility, it could be smart to lean into this non-oil energy stock as it looks to take an even bigger share of the power grid.

It's a no-brainer to look beyond oil Emotions are hard to tame, and they are running high in the oil market right now. You don't have to play that game if you buy Enterprise and NextEra Energy. One keeps you adjacent to the energy patch, the other takes you into the energy future. Both are smart alternatives if you want to step away from the dizzying ups and downs in the oil market.

SHAREHOLDER ALERT: The M&A Class Action Firm Continues to Investigate the Merger--RAMP, NEE, D, and INM PR Newswire

NEW YORK, May 28, 2026

, /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating

LiveRamp Holdings, Inc. (NYSE: RAMP) related to its sale to Publicis Groupe. Under the terms of the proposed transaction, LiveRamp shareholders are expected to receive $38.50 per share in cash.Click here for more information https://monteverdelaw.com/case/liveramp-holdings-inc/. It is free and there is no cost or obligation to you.

NextEra Energy, Inc. (NYSE: NEE) related to merger with Dominion Energy, Inc. Upon closing of the proposed transaction, NextEra shareholders will own approximately 74.5% of the combined company.Click here for more information https://monteverdelaw.com/case/nextera-energy-inc/. It is free and there is no cost or obligation to you.

Dominion Energy, Inc. (NYSE: D) related to its sale to NextEra Energy, Inc. Under the terms of the proposed transaction, Dominion shareholders are expected to receive 0.8138 shares of NextEra for each share of Dominion.Click here for more information https://monteverdelaw.com/case/dominion-energy-inc/. It is free and there is no cost or obligation to you.

InMed Pharmaceuticals, Inc. (NASDAQ: INM) related to its merger with Mentari Therapeutics, Inc. Upon closing of the proposed transaction, InMed shareholders are expected to own approximately 1.51% of the combined company.Click here for more info https://monteverdelaw.com/case/inmed-pharmaceuticals-inc/. It is free and there is no cost or obligation to you.

NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:

Do you file class actions and go to Court?When was the last time you recovered money for shareholders?What cases did you recover money in and how much?About Monteverde & Associates PC

Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.

No company, director or officer is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:
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Artificial intelligence (AI) is a headline-grabbing technology that is already having a material impact on the world. While it can do impressive things, there's one major weakness: AI doesn't work without electricity. AI is, after all, just a fancy computer program.

That is why utilities and other power providers are in the news today as they try to keep up with power demand from AI and other technologies, such as electric vehicles. If you are looking for an AI infrastructure play, the world's largest utility, NextEra Energy (NEE +0.88%), could be a great option. Here's why.

Image source: Getty Images.

NextEra Energy isn't really hiding It is hard for a company to hide when it is the largest in its industry. However, many investors don't fully appreciate the scope of NextEra's offerings. As it exists today, the company operates a large regulated electric utility in Florida and a contract power business. The power business is one of the world's largest producers of solar and wind power. That gives the company two ways to grow, with the contract power business able to respond quickly to AI demand nationwide.

NextEra has been a reliable business for a very long time. Notably, it has increased its dividend annually for over a quarter-century. Annualized dividend growth has been generous, hovering around 10% a year over the past decade. To be fair, the company is trimming its dividend growth target to 6% going forward. But that's still an attractive figure in the utility sector.

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Meanwhile, NextEra's dividend yield is 2.8%, notably higher than the average utility's 2.5%. That's a pretty compelling story, bolstered by NextEra Energy's belief that energy demand will increase by 60% between 2025 and 2045. Between 2005 and 2025, demand increased just 10%. The stock is a great option for both dividend growth investors and growth-and-income investors.

A big merger shows NextEra is leaning in to AI The story gets even better when you look at NextEra's proposed acquisition of Dominion Energy (D +1.96%). The deal is expected to improve NextEra's financial position and increase its earnings growth rate. It will also expand the company's geographic reach in its regulated operations to four U.S. states, up from one today. One of the new states, Virginia, is also the top global market for data center capacity. In other words, NextEra will materially expand its ability to service AI customers with this deal.

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The acquisition won't happen quickly because the approval process for regulated utility mergers is extensive. It could be a year or longer before NextEra actually buys Dominion. But the acquisition only sweetens the opportunity for long-term investors. NextEra Energy already has a strong business that will benefit from AI's growth and an above-average yield. If you buy NextEra now, you are getting paid very well to wait for the regulatory process to play out and the business's opportunity set to get even better.

Utilities are boring, but that will be appealing to some investors If you are looking for a flashy AI technology stock, NextEra Energy will probably leave you feeling a little flat. But some investors don't want to buy a high-risk AI start-up; they want a reliable business with reliable long-term growth potential.

As it stands today, NextEra Energy offers that, with its growth at least partly driven by AI's growing demand for electricity. And the story gets even better once the Dominion acquisition has been consummated. If you haven't been looking at NextEra Energy as an AI infrastructure play, you may want to reconsider, given that it appears to be leaning into the growing power demand from the AI industry.

On June 01, 2026, Dominion Energy Inc D shares fell by 3.5%, closing at $64.61. This move comes amid a 52-week trading range of $53.36 to $68.97, reflecting a year of significant volatility.

GF Value™ verdict: Current price of $64.61 is 1.5% overvalued compared to a GF Value™ of $63.64.GF Score™ of 77/100 indicates that the stock is in the above-average range for long-term potential returns.Notable signal: No insider transactions have occurred in the last three months, suggesting a lack of insider activity. Is D Overvalued or Undervalued? The current share price of Dominion Energy Inc D at $64.61 indicates a slight overvaluation in relation to the GF Value™, which is estimated at $63.64. This results in a margin of safety of -1.5%. The GF Valuation label suggests that the stock is fairly valued, but being slightly overvalued could pose risks for investors looking for immediate upside. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

Given the current price is above the GF Value™, potential investors may need to exercise caution. The modest overvaluation reflects the stock's recent performance and the broader market conditions. It implies that while Dominion Energy has demonstrated stable growth, the current price may not offer the attractive entry point some may seek.

How Does D's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 19.1x 22.9x Forward P/E 18.0x N/A Dominion Energy's current P/E (TTM) of 19.1x is significantly below its 5-year median P/E of 22.9x, indicating that the stock is trading at a lower valuation relative to its historical averages. The forward P/E of 18.0x also supports this assessment. This analysis aligns with the GF Value™ verdict, suggesting that despite being slightly overvalued, the stock is trading below its historical valuation, providing a mixed signal for valuation assessment.

What Does D's GF Score™ Tell Us? Metric Rating GF Score™ 77 Financial Strength 3/10 Profitability 7/10 Growth 6/10 Valuation 7/10 Momentum 8/10 The GF Score™ of 77/100 indicates that Dominion Energy is positioned well in terms of growth and momentum, with notable strengths in profitability and valuation. However, the financial strength rating of only 3/10 highlights a significant area of concern. Investors may find reassurance in the company's profitability and momentum, but the weak financial strength may raise red flags regarding its long-term viability.

What Are Insiders Doing with D Stock? In the last three months, there have been no insider transactions reported for Dominion Energy Inc D . This lack of activity may suggest that insiders do not anticipate significant changes in the stock’s performance or do not see a compelling opportunity at current price levels. It may also reflect their confidence in the company's long-term stability, although the absence of insider buying could be interpreted as a cautious stance.

What This Means for Investors Based on the GF Value™ assessment, Dominion Energy Inc D is currently considered overvalued, with a slight margin of safety at -1.5%. Potential investors should weigh the company's strong GF Score™ against its current valuation and market conditions before making decisions.

For the complete analysis, visit the Dominion Energy Inc D stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is D's GF Score™?

D's GF Score™ is 77/100, indicating that it is positioned well for long-term potential returns based on key performance metrics.

Is D overvalued or undervalued?

D is currently overvalued, with a GF Value™ of $63.64 compared to its current price of $64.61.

What is D's P/E ratio?

D's P/E (TTM) is 19.1x, which is 17% below its 5-year median P/E of 22.9x, suggesting it is trading at a lower valuation compared to its historical averages.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

The Department of Energy now projects data centers will account for up to 12% of U.S. electrical demand by 2028, and somebody has to actually build the power plants, transformers, and transmission lines to feed that monster. The hyperscalers get the headlines. The utilities get the contracts, the rate base, and the 27-year dividend streaks. I’ve been reading every PJM capacity auction filing and utility 10-K for the better part of a year now, and the disconnect between what these companies are quietly signing and where their stocks are trading is the cleanest setup in the income market right now. Five names are positioned directly under the firehose.

1. Public Service Enterprise Group (PEG): The Nuclear Hedge Nobody’s Pricing In Public Service Enterprise Group (NYSE:PEG | PEG Price Prediction) deserves to be the first name that comes up when people talk AI power. PSEG runs the largest regulated utility in New Jersey and operates a nuclear fleet sitting inside the PJM grid, which is where the data center boom is literally melting the capacity market. PJM capacity prices cleared at $329/MW-Day for the June 2026 to May 2027 delivery year and $333/MW-Day for June 2027 to May 2028, after rising from $61/MW-Day in prior periods. PSEG owns the megawatts those auctions are clearing.

Q1 2026 came in at non-GAAP operating EPS of $1.55 versus the $1.43 consensus, an 8% beat, with nuclear running at a 95.5% capacity factor and roughly 95% of 2026 output already hedged. Management guided 2026 EPS to $4.28 to $4.40, on top of a $24 billion to $28 billion five-year capital program that does not require equity issuance.

Shares closed at $78.08 on June 4, 2026, down 2% year to date, sitting near the 52-week low of $76.05. PSEG just announced its 15th consecutive annual dividend increase to an indicative $2.68 annualized rate. Trading at 17x trailing earnings with an analyst target of $89.75, this is the quietest setup on the list. The loudest one is next.

2. Duke Energy (DUK): The Largest Regulated Capex Plan in America Duke Energy (NYSE:DUK) sits at the center of the Southeast AI corridor, the regulatory sweet spot where the Carolinas, Florida, and Indiana are racing each other to attract hyperscaler buildouts. Duke’s pitch to investors is almost embarrassingly simple: own the toll bridge between AI workloads and the grid.

CEO Harry Sideris laid it out: “With the largest regulated capital plan in the industry, a balance sheet prepared for growth, and contracted demand from AI and advanced manufacturing, we are well-positioned to deliver 5% to 7% EPS growth through 2030.” The numbers backing him up: a $103 billion five-year capital plan supporting 9.6% earnings base growth through 2030, and Duke has already broken ground on 5 gigawatts of new dispatchable generation. Full-year 2025 adjusted EPS landed at $6.31, with 2026 guidance set at $6.55 to $6.80.

Shares are at $121.82, up 6% year to date and 9% over the past year. The Q1 2026 dividend ticked up to $1.065 per quarter, extending a payment record that has run uninterrupted since 1999. The next name is even bigger, and it’s sitting on Georgia.

3. Southern Company (SO): Georgia Power Is the Data Center Magnet Southern Company (NYSE:SO) runs Georgia Power, and Georgia has quietly become one of the most aggressive data center recruiting states in the country. Plant Vogtle Units 3 and 4, the only new American nuclear builds in a generation, are now operating. Site demobilization is complete. The fixed cost is sunk, and the megawatts are billable.

Q1 2026 told the story: adjusted EPS of $1.32 versus $1.23 in Q1 2025 on revenue of $8.40 billion, up 8% year over year. Three numbers from that release matter for the AI thesis: weather-adjusted retail kWh sales up 2.3%, commercial sales up 4.6%, and wholesale volumes up 12.9%. CEO Chris Womack named the driver directly, citing “projected significant growth in electricity demand driven primarily by data centers and other large load customers.”

SO trades at $91.62, up 7% year to date, with the quarterly dividend lifted to $0.76 effective the May 18, 2026 ex-date. Southern has paid a dividend for 78 consecutive years. The next stock owns the zip code where the global cloud actually lives.

4. Dominion Energy (D): The Loudoun County Toll Booth Dominion Energy (NYSE:D) serves Loudoun County, Virginia, the dense fiber and power corridor known as Data Center Alley that already routes a disproportionate share of global internet traffic. Dominion’s own filings describe the tailwind in plain language: “increased energy demand from new data centers, primarily concentrated in Loudoun County, Virginia.” If you want pure exposure to the physical location where AI capacity is being stood up, this is it.

Q1 2026 delivered operating EPS of $0.95 versus the $0.91 estimate, a 4% beat, on revenue of $5.02 billion, up 23% year over year. Dominion Energy Virginia operating earnings jumped to $670 million from $561 million, with the 2025 Biennial Review contributing $106 million and rider equity returns adding $84 million. Management affirmed 2026 operating EPS guidance of $3.45 to $3.69.

The market is starting to notice. Shares closed at $66.50, up 16% year to date and 24% over the past year. The conviction signal: 11 Dominion directors bought stock at $62.95 in a coordinated cluster on May 5 and May 7, 2026. When the entire board steps in at the same price on the same week, that signals genuine conviction. The next name is the payoff.

5. NextEra Energy (NEE): Google’s Nuclear Partner and Japan’s Gas Builder NextEra Energy (NYSE:NEE) is where the AI power thesis stops being theoretical. NextEra Energy Resources signed a 25-year PPA with Google to recommission the 615 MW Duane Arnold nuclear plant in Iowa, expected back online no later than Q1 2029 and contributing up to $0.16 of annual adjusted EPS. Then the U.S. Department of Commerce picked NEER to build 9.5 GW of new gas-fired generation in Texas and Pennsylvania under the U.S.-Japan trade deal. There is no other utility holding contracts of this caliber.

Q1 2026 results: adjusted EPS of $1.09, up 10% year over year, on revenue of $6.70 billion. NEER added a record 4 GW to its renewables and storage backlog, including 1.3 GW of battery storage, bringing total backlog to roughly 33 GW. Management is targeting the high end of 2026 EPS guidance of $3.92 to $4.02 and committing to 8%+ adjusted EPS CAGR through 2032 and again through 2035 off the 2025 base. CEO John Ketchum: “NextEra Energy was built for this seminal moment.”

Shares pulled back to $85.68, down 11% in the past month but still up 25% year over year. That month-long drawdown is the entry window the prior four names don’t offer. The Q1 2026 dividend stepped up to $0.6232 per share from $0.5665, with management guiding roughly 10% dividend growth through 2026.

The Bottom Line Every one of these five companies is sitting on a regulated rate base that grows when megawatts get built, and AI is forcing those megawatts to be built right now. PJM capacity prices have already moved. Duke’s $103 billion capex is approved. Vogtle is running. Loudoun County boards are buying their own stock. NextEra is the nuclear partner of choice for Google. The dividend checks are funded by capital plans that were locked in before the AI capex super-cycle even started. The window where these still trade like sleepy utilities is closing.

MILWAUKEE, June 08, 2026 (GLOBE NEWSWIRE) -- Ademi LLP is investigating Dominion Energy (NYSE: D) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with NextEra Energy.

Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.

Dominion Energy stockholders will receive 0.8138 shares of NextEra Energy for each share of Dominion Energy they own at closing. NextEra Energy and Dominion Energy shareholders will own approximately 74.5% and 25.5% of the combined company, respectively.

Dominion Energy insiders will receive substantial benefits as part of change of control arrangements.

The transaction agreement unreasonably limits competing transactions for Dominion Energy by imposing a significant penalty if Dominion Energy accepts a competing bid. We are investigating the conduct of the Dominion Energy board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

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Jeff Bezos sat down with CNBC on June 11, 2026, to make the case that his next act could become even bigger than Amazon. As co-founder and co-CEO of Prometheus, Bezos is pitching a thesis that tries to answer one question: What actually makes societies rich?

His answer is invention. “What drives the wealth of nations? What drives civilizational wealth? And the answer is invention,” Bezos said. That framing is the philosophical foundation of Prometheus, a physical AI company aiming to compress the timeline between idea and manufactured object.

The Plow, the Steam Engine, and Now Software Bezos reached deep into history to argue that breakthroughs in tools translate into broad-based prosperity. “6,000 years ago, somebody invented the plow, and we all got wealthier. Much later, somebody invented the steam engine, and we all got wealthier. These things drive productivity,” he told CNBC. He argues that durable wealth comes from inventions that lift the productivity ceiling for everyone, not just the inventor.

Prometheus wants to be the next entry in that lineage. Bezos described the company’s purpose this way: “Our goal at Prometheus, what we’re working on, is building a set of tools that accelerate that invention loop. How long does it take to improve something? How long does it take from idea to actually manufacturing, to seeing it at rate and have a useful object?”

Time-to-market is the key variable they’re looking to shrink. If a software platform can shave years off the path from concept to scaled production, the compounding effect across industries could be enormous.

An “Artificial General Engineer” The technical bet underneath the philosophy is that AI has finally crossed a threshold where it can do real engineering work. “The idea that you might build a set of tools that could actually do engineering, an artificial engineer, an artificial general engineer, is a dream people have thought about for decades, but it’s never really been possible. But now it is. And that’s what we’ve been working on since late 2024,” Bezos said.

That timeline matters. Prometheus began work in late 2024, which lines up with the broader inflection point in frontier model capabilities that has reshaped enterprise AI spending. The infrastructure boom feeding this moment is visible across markets: Lam Research (NASDAQ:LRCX | LRCX Price Prediction) recently hit an all-time high of $349.21, and J.P. Morgan projects KLA Corporation (NASDAQ:KLAC) could more than triple its earnings by 2030, reaching $95 per share, driven by demand for process control tools that make advanced chips possible. Power and connectivity providers are scaling alongside, including a 150 MW / 600 MWh battery facility contracted with Dominion Energy (NYSE:D) to serve AI infrastructure in Virginia.

Could Prometheus Become Bigger Than Amazon? Amazon (NASDAQ:AMZN) reshaped retail, logistics, and cloud computing. Prometheus is targeting something more upstream: the act of invention itself. If the company succeeds in building what Bezos calls an artificial general engineer, the addressable market is every industry that designs and manufactures physical goods. That is a larger surface area than e-commerce ever offered.

Today, Prometheus is a private company, meaning that everyday investors cannot buy shares in the business. However, investors can still follow the story and watch the second-order beneficiaries. If Prometheus or any peer succeeds in automating engineering, the picks-and-shovels layer of semiconductors, energy, and data center capacity becomes even more strategic. Bezos is betting that a centuries-long pattern will repeat itself. The question for portfolios is which listed companies sit closest to that loop when it accelerates.